The Press: Merger

The urge to consolidate, ever uppermost in the heart of Frank A.
Munsey, led to another journalistic unionbut not under Mr. Munsey's
banner. Without a word of warning, without the usual preliminary
tremors of. rumor, it was announced that Ogden M. Reid, owner of the
New York Tribune had bought The New York Herald (Mr. Munsey's property
since 1920) and that they would be combined on the follow-ing morning.
The Paris edition of the Herald was also sold to Mr. Reid.

Thus the only two Republican morning papers in Manhattan were
combined. Mr. Munsey...